Peter Drucker. Everyone knows about the management legend who transformed American businesses. One of the most important question from Drucker was – what business are we really in? The most famous example is that of McDonalds. He suggested that McDonalds’ primary business is NOT food. It is real estate. The explanation is that they open … Read moreWhat Business Are You Really In? As Applied to Employees.
As we all know, entrepreneurship is hard and risky. Day job may be comfortable, but lacks the freedom. However it gets pay check. How about the best of both worlds? Trying to setup a business while working? Then as it picks up, one can come full time onto it. Yes. there is stress of both … Read moreConfessions of a Closet Entrepreneur
Presentation time for my group. Human Resources manager presents the career paths that exist in the organization as I look on. “Good morning everyone. Let me walk you through the exciting career paths for you here!”. She went on to show the three clear distinct paths: Technical path: If you are technically sound, take this … Read moreCareer Paths Do Not Exist. If They Do, They Are More like Bangalore Traffic Lanes.
I spoke about the crisis of service organizations in R&D space – especially in Indian IT context. Also wrote about innovation and new business efforts and why they are not working. Now, it is the time to see what is possible. As mentioned, there is over-supply of senior employees and the numbers keep adding. The … Read moreGrowth Crisis of Indian IT-Part3: 5 Benefits of ‘PASS Intrapreneurship’ for Global R&D Centers (and IT Service Providers)
Business Crisis and Innovation Dilemma I discussed the problem of R&D centers around the globe ‘here’. The case for keeping senior employees is decreasing rapidly. This is the scenario where the organization does not control the product and its road map. The organization entity gets revenue from billing R&D service efforts. Those customers do have … Read moreGrowth Crisis of Indian IT-Part2: 8 Reasons Why New Product & Business Innovation Fails In R&D and Technology Service Organizations
Most people I have met has one worry on top of their mind. It is – career growth. All the time we see people tense about career growth. In middle management it is the worst. If you talk to almost anyone, volcano of not having career growth erupts. After enjoyable challenges of early career, the … Read moreCareer Stagnation? 8 Magical Parameters to Prove You Wrong